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Results (10,000+)
Kasey Hardt Development Update- The Iron District
22 January 2025 | 0 replies
Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.
Kimberlie P. I Just opened my own STR Property Management Company!
2 February 2025 | 15 replies
As well as I just launched my starter supply and Bath product campaign on my current properties and will include it with new ones. 
Clifford Pereira Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
Correct2. 100 hours could work if it's more than anyone else spent on the property including non-owners3.
Dave Kohl Researching More Than The Numbers
31 January 2025 | 1 reply
Part of considering acquiring a property should include additional possibilities.
Dylan Webb Metal roof duplex & garage
31 January 2025 | 0 replies
Both units rented at $1500/mo with all utilities included.
Anthony Chan Sold my rental condominium (~15 years in service) - DO I NEED FORM 3115 ?
6 February 2025 | 4 replies
In my firm, you would probably pay around $3,500 for this tax preparation, including Form 3115.
Tyler Munroe Investment Deals in the Boston Area EXIST!
6 February 2025 | 6 replies
I also like Haverhill as a peripheral city to Boston - commuter rail stop, close to major highways, and nice downtown with some municipal improvements on the way.PROPERTY OVERVIEW:Unit Mix: (3) 2BR units, (1) 1BR unit, plus parkingRecent Upgrades: New roof, updated electrical panels, new hot water heaterLocation: Walkable to downtown in a well-established neighborhoodParking: Dual driveways provide off-street parking for tenantsRENOVATION SCOPE & COSTS:Limited photos available, but if the rest of the house is in similar condition, likely cosmetic rehab only (~$30K per unit).Potential upgrades include paint, flooring, kitchen cabinets/counters, and appliances.Ideal for a DIY landlord or owner-occupant looking to add value, but also works well for any investor seeking cashflow.MARKET RENTS & INCOME POTENTIAL:Market Rent Estimates (based on local comps):2BR Units: $2,200 - $2,500/month1BR Unit: ~$2,000/monthTotal Potential Rent: ~$8,600/monthCurrently Fully Tenanted:Current rents cover mortgage payment.Would need to manage tenant move-outs before renovations, which could delay the project.Evictions may be necessary if tenants do not leave voluntarily.FINANCIALS & PROJECTED RETURNS:Financing Assumptions:20% down payment, 7% interest rate, 30-year fixed mortgagePrincipal & Interest (P&I): ~$4,524/monthAnnual Expenses (including taxes & insurance): ~$17,000Utility Costs:Heat is not separately metered, leading to higher utility costs (factored into analysis).Projected Cash Flow & Returns:10% cash-on-cash return once stabilized$31K+ annual cash flow5-year total ROI ~95%, factoring in principal paydown and 2% annual appreciation
Bruce Woodruff A pet peeve
24 January 2025 | 5 replies
What are some things I should include in the lease?"
Mike Hansen Tax assessment appeal
2 February 2025 | 3 replies
Do this quickly because some counties have a time limit on when you can appeal.I recommend you research the market for:- Comparable Property Sales- Condition of your property, including anything that may affect your property's value- If you are really serious, an expert appraisal may be worth the effort.
Pamela Rivas Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
Here the explanation and benefits:A Bank Trust or Fideicomiso allows foreigners to acquire property within the restricted zone, which includes areas within 50 kilometers of the coastline or 100 kilometers of the borders.